Seanergy Maritime (NASDAQ:SHIP) Stock Passes Above Two Hundred Day Moving Average – Should You Sell?

Posted by Brian Himes on Sep 18th, 2026

Seanergy Maritime Holdings Corp (NASDAQ:SHIP – Get Free Report) crossed above its 200-day moving average during trading on Wednesday . The stock has a 200-day moving average of $15.33 and traded as high as $18.83. Seanergy Maritime shares last traded at $18.28, with a volume of 481,184 shares traded.

Wall Street Analysts Forecast Growth

A number of research firms have recently commented on SHIP. Zacks Research raised shares of Seanergy Maritime from a “hold” rating to a “strong-buy” rating in a research note on Monday, August 10th. B. Riley Financial raised their target price on shares of Seanergy Maritime from $22.00 to $25.00 and gave the stock a “buy” rating in a research report on Friday, July 31st. Finally, Weiss Ratings upgraded shares of Seanergy Maritime from a “hold (c)” rating to a “buy (b-)” rating in a report on Tuesday, August 11th. One equities research analyst has rated the stock with a Strong Buy rating and three have issued a Buy rating to the company. Based on data from MarketBeat, the company presently has a consensus rating of “Buy” and an average price target of $25.00.

Read Our Latest Stock Report on SHIP

Seanergy Maritime Stock Down 1.6%

The stock has a fifty day moving average price of $16.98 and a 200-day moving average price of $15.36. The firm has a market cap of $386.96 million, a PE ratio of 6.47 and a beta of 0.89. The company has a debt-to-equity ratio of 0.94, a quick ratio of 0.83 and a current ratio of 0.85.

Seanergy Maritime (NASDAQ:SHIP – Get Free Report) last issued its earnings results on Thursday, July 30th. The shipping company reported $1.32 EPS for the quarter, beating analysts’ consensus estimates of $1.05 by $0.27. Seanergy Maritime had a net margin of 30.68% and a return on equity of 21.87%. The business had revenue of $55.69 million for the quarter, compared to the consensus estimate of $53.90 million. Research analysts expect that Seanergy Maritime Holdings Corp will post 3.16 EPS for the current year.

Seanergy Maritime Increases Dividend

The company also recently announced a quarterly dividend, which will be paid on Friday, October 9th. Stockholders of record on Friday, September 25th will be paid a $0.35 dividend. This represents a $1.40 annualized dividend and a dividend yield of 7.6%. This is a boost from Seanergy Maritime’s previous quarterly dividend of $0.20. The ex-dividend date is Friday, September 25th. Seanergy Maritime’s payout ratio is currently 27.97%.

Insiders Place Their Bets

In other news, Director Christina Anagnostara sold 15,000 shares of the firm’s stock in a transaction dated Thursday, August 6th. The stock was sold at an average price of $17.19, for a total transaction of $257,850.00. Following the completion of the sale, the director directly owned 178,239 shares in the company, valued at $3,063,928.41. This trade represents a 7.76% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this hyperlink. 4.70% of the stock is currently owned by insiders.

Institutional Investors Weigh In On Seanergy Maritime

Hedge funds have recently bought and sold shares of the business. Renaissance Technologies LLC boosted its stake in shares of Seanergy Maritime by 15.8% during the 1st quarter. Renaissance Technologies LLC now owns 652,300 shares of the shipping company’s stock valued at $8,421,000 after buying an additional 88,800 shares during the last quarter. Bank of America Corp DE increased its stake in shares of Seanergy Maritime by 5.8% in the first quarter. Bank of America Corp DE now owns 159,972 shares of the shipping company’s stock worth $2,065,000 after buying an additional 8,800 shares during the last quarter. Arrowstreet Capital Limited Partnership raised its holdings in Seanergy Maritime by 26.5% in the first quarter. Arrowstreet Capital Limited Partnership now owns 82,557 shares of the shipping company’s stock valued at $1,066,000 after acquiring an additional 17,274 shares in the last quarter. R Squared Ltd boosted its stake in Seanergy Maritime by 59.3% during the 1st quarter. R Squared Ltd now owns 29,062 shares of the shipping company’s stock valued at $375,000 after acquiring an additional 10,816 shares during the last quarter. Finally, Navellier & Associates Inc. acquired a new position in Seanergy Maritime during the 2nd quarter worth $355,000. Institutional investors and hedge funds own 29.36% of the company’s stock.

About Seanergy Maritime

(Get Free Report)

Seanergy Maritime Holdings Corp. is an international dry bulk shipping company listed on the Nasdaq Capital Market under the symbol SHIP. The company owns and operates oceangoing vessels that transport major dry bulk commodities for industrial and commercial customers worldwide.

Seanergy’s fleet is focused primarily on Capesize and Newcastlemax vessels, which are among the largest dry bulk ships and are commonly used to carry iron ore, coal, and grain. The company generates revenue by chartering its vessels to customers and shipping counterparties under various types of charter arrangements.

Founded in 2008, Seanergy is headquartered in Athens, Greece, and serves global trade routes connecting major commodity-exporting and importing regions.